Bitcoin possibly undervalued as Mayer Multiple hits lowest since FTX collapse

Overconfident Bitcoin (BTC) bulls would need to battle more than just Elon Musk as a price prediction model — created by technical analyst pioneer Richard Wyckoff more than 100 years ago — also goes against their wild upside predictions.Dubbed as Wyckoff Method, the model involves a five-phase approach to determine price trends that majorly involve…

It's an especially simplified process for American and Canadian Coinbase users, who can use their debit cards for transfers. 457 Total views 10 Total shares On Wednesday, Coinbase launched a new feature, dubbed "Coinbase Pay," that enables its clients to fund their Coinbase Wallets directly from a Chrome browser extension. According to its staff, Coinbase…

The Bitcoin spot ETF added to its holdings over the past five days, offering a positive sign that buyers were stepping in to take advantage of lower prices. 402 Total views 6 Total shares Despite May’s price correction, which took Bitcoin (BTC) as low as $23,800, institutional investors seem unwilling to lose confidence in the…

The United States could learn from China’s innovations in digital currency, says Securities and Exchange commissioner Hester Peirce. Fielding questions via webcam at this week’s Crypto Finance Conference in Switzerland, the public sector leader known as CryptoMom, called for the U.S. to: “Learn from what other countries are doing and take the best of what they’re doing…

The Financial Services and General Government bill proposes to drastically cut funding to the SEC and other government agencies. 346 Total views 1 Total shares A United States lawmaker wants to strip the Securities and Exchange Commission chair Gary Gensler of his salary by paying him just $1 per year.In a proposed amendment to the

The crypto venture is expected to formalize its operation by the end of 2021 and start offering its services by early 2022. 914 Total views 20 Total shares SBI Digital Asset Holdings, a fully owned subsidiary of Japanese banking giant SBI Holdings, announced a joint crypto venture with Switzerland’s SIX digital exchange (SDX). The joint venture…

The DPC’s inquiry into Google’s AI model development explores the handling of EU citizens’ personal data for training PaLM2.

Fidelity Investments’ cryptocurrency branch Fidelity Digital Assets is expanding to the United Kingdom.“We plan to provide our services to European institutional investors through our U.K.-registered entity, Fidelity Digital Assets, Ltd,” a Fidelity Digital Assets representative told Cointelegraph on Dec. 17, saying:“We recognize that the regulatory requirements for service providers in the digital assets space is…

The COVID-19 pandemic has impacted people’s lives, the relationship between governments and citizens, and the entire world economy, and of course, it has had a major impact on the United States presidential election.Due to social isolation, a large number of American voters opted to vote by mail, which increased vote counting time, led candidate and…